Minimum Notice Period. If, pursuant to applicable Laws, prior notice of any action described in Section 9.03 (Remedies) is required to be given to any Borrower, each Borrower hereby acknowledges that the minimum time required by such applicable Laws, or, if no minimum time is specified, ten (10) days shall be deemed a reasonable notice period.
Appears in 2 contracts
Samples: Possession Credit Agreement (Pacific Ethanol, Inc.), Possession Credit Agreement (Pacific Ethanol, Inc.)
Minimum Notice Period. If, pursuant to applicable Laws, prior notice of any action described in Section 9.03 (Remedies) is required to be given to any BorrowerLoan Party, each Borrower Loan Party hereby acknowledges that the minimum time required by such applicable Laws, or, if no minimum time is specified, ten (10) days shall be deemed a reasonable notice period.
Appears in 1 contract
Samples: Possession Credit Agreement
Minimum Notice Period. If, pursuant to applicable Laws, prior notice of any action described in Section 9.03 8.03 (Remedies) is required to be given to any the Borrower, each the Borrower hereby acknowledges that the minimum time required by such applicable Laws, or, if no minimum time is specified, ten (10) days shall be deemed a reasonable notice period.
Appears in 1 contract
Samples: Possession Credit Agreement (First United Ethanol LLC)